WGN is a little illiquid for my taste and with only has a few years of chart history, it is difficult to chart. Elliott Wave count is unclear. Price needs to break above $1.32 to confirm a new uptrend. A close above that level would also suggest a target of $1.69 – a potential gain of 30% on this week’s close. On the negative side there is no obvious stop loss level with the first being 30% below current price and while price has made a higher weekly peak the preceding trough was a lower trough . The rising price channel (flag) is another concern as price usually falls down, not up, out of rising flags and such a move might fit better with Elliott Wave Theory (Wave 4 can't intrude into the range of Wave 1).
This is a high risk trade where entry needs to be conditional on price making a higher weekly peak.
- Forums
- Charts
- WGN charting
WGN is a little illiquid for my taste and with only has a few...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WGN (ASX) to my watchlist
(20min delay)
|
|||||
Last
97.0¢ |
Change
0.020(2.11%) |
Mkt cap ! $181.9M |
Open | High | Low | Value | Volume |
95.0¢ | 97.0¢ | 94.5¢ | $54.07K | 56.98K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7976 | 94.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
97.0¢ | 19844 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7976 | 0.945 |
1 | 3000 | 0.930 |
1 | 4250 | 0.920 |
1 | 3000 | 0.890 |
1 | 5000 | 0.880 |
Price($) | Vol. | No. |
---|---|---|
0.970 | 19844 | 2 |
0.990 | 20201 | 1 |
0.995 | 10000 | 1 |
1.000 | 10149 | 3 |
1.010 | 5000 | 1 |
Last trade - 16.10pm 29/04/2024 (20 minute delay) ? |
|
|||||
Last
95.0¢ |
  |
Change
0.020 ( 0.00 %) |
|||
Open | High | Low | Volume | ||
94.8¢ | 95.0¢ | 94.8¢ | 8790 | ||
Last updated 15.50pm 29/04/2024 ? |
Featured News
WGN (ASX) Chart |